Nov 20, 2017 Last Updated 3:31 PM, Nov 20, 2017

New Entry From the Editor :

IMF gives Australia mixed review in annual economic report

IMF gives Australia mixed revi…

AusBN - The International Monetary Fund (IMF) has concluded that while Aust...

Fresh report warns of 10,000 job losses in SA’s construction sector

Fresh report warns of 10,000 j…

AusBN - South Australia’s construction industry should brace itself f...

Australian business conditions elevate to highest on record

Australian business conditions…

AusBN - Business conditions in Australia have surged to new highs, accordin...

Capital city house prices fall in November

View from Q1 looking northAusBN – Housing in Australia’s capital cities fell in price by an average of 1.5% in November, according to a survey by CoreLogic RP Data.

House prices fell in five out of eight capital cities, led by Melbourne where they fell by 3.5% to a median price of $602,500.

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NSW’s TransGrid leased to consortium

Electric poleAusBN – The 99-year TransGrid lease, incorporating a large part of New South Wales’ electricity network, has been awarded to a consortium of foreign and local investors.

The NSW Electricity Networks consortium offered to pay $10.26 billion for the assets, which the state government is leasing out to raise money for infrastructure investment.

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Construction begins on Brisbane's ‘Spire’

SpireAusBN – Construction has begun on Spire, a $200 million residential tower in Brisbane whose 340 luxury apartments were sold out within months.

The tower is being built between Queen Street and Ann Street in the Brisbane CBD and will have 40 floors, including some underground.

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